What is the best value car in Canada?

Top 11 Cheapest Cars in Canada in 2020

  • Hyundai Elantra – $17,149.
  • Hyundai Venue – $17,099.
  • Toyota Yaris Hatchback – $16,790.
  • Kia Rio 5-Door – $15,495.
  • Hyundai Accent 5-Door – $14,949.
  • Mitsubishi Mirage – $12,298.
  • Nissan Micra – $10,488.
  • Chevrolet Spark – $9,998.

What book do dealerships use to value cars?

The Black Book
The Black Book is what dealerships typically use to lookup pricing information about new, used car, truck, and recreational vehicle prices. Black Book updates the Dealer invoice and Manufacturers Suggested Retail Prices (MSRP) weekly. Dealers also use the Black Book loan values for finance purposes.

What is the difference between Blue Book and Black Book value?

The Blue Book® is where drivers look to know what amount they can expect to purchase a vehicle or sell a vehicle for. The Black Book, however, deals more with up-to-date car sales and wholesale pricing values, so the information is more useful for car dealers.

What is a Red Book value?

A RedBook Valuation Report is personalised to the car and takes into consideration important details such as the kilometres travelled, the car’s condition as well as any added factory and aftermarket options.

Are cars cheaper in Canada?

Why are cars in Canada so expensive? Canada has a large area with a small population. Therefore you are shipping smaller amounts of product further distances which will cost significantly more. However, when the Canadian dollar is low (which is usually the case), cars are actually cheaper in Canada.

Which is best car to buy in Canada?

Best Cars to Buy: Canadian Car of the Year 2021

  • Best Mid-Size Car: Mazda3.
  • Best Mid-Size Premium Utility Vehicle: Genesis GV80.
  • Best Large Car in Canada for 2021: Kia K5.
  • Best Mid-Size Premium Car for 2021: Genesis G80.
  • Best Small Utility Vehicle in Canada for 2021: Subaru Crosstrek.

What is black book value mean?

The Black Book value is essentially the wholesale or auction value of a car. Black Book sources pricing data from both wholesale auctions and actual vehicle transactions from across the country. They update or validate their used car prices on a weekly basis.

Where to find the best car prices in Canada?

Welcome to Canadian Black Book, the definitive source for unbiased vehicle Pricing and valuations in Canada for over 55 years. We offer free price and valuation tools where new and used car shoppers can look up the: Trade-in value when you want to trade your car to a dealership. Future Value of a vehicle to see how a car depreciates over time.

Where to find trade in value of cars in Canada?

Welcome to Canadian Black Book, the definitive source for unbiased vehicle valuations in Canada for over 55 years. Using the latest technology to gather data from across Canada and an ever increasing number of relevant sources, we offer a free trade-in valuation for your vehicle.

What’s the average price of a used car in Canada?

Featured Used Cars View more. $11,900. 2014 Volkswagen Passat. from $224/mo. 0km / North York, ON. 148,000km. $13,900. 2014 Volkswagen Passat. from $260/mo.

How does Kelley Blue Book value your car?

Start by selecting your vehicle below. Updated monthly, the Kelley Blue Book® Trade-in Value is our estimate of how much a consumer can expect to receive from a dealer when trading-in their vehicle – assuming an accurate appraisal of condition.